A. N42,500
B. N40,500
C. N40,000
D. N38,000
E. N32,000
Correct Answer:
Option C – N40,000
The cost of goods sold at N32,000. The gross profit is 25% on cost. Returns inward amounts to N2000. What is the value of sales?
Products
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Pest Population Assessment, Insect Pathogens, and Yam Beetle Classification
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Management of Grain Suckers and Identification of Key Crop Pests
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Pest Development Factors and Major Stem Borers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Ecosystems: Definition and Types
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Insect Classification: Field Occurrence and Biological Taxonomy
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.